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Top Rated

Waterkeeper Alliance

CharityWatch rating issued
October 2023

Top-Rated Charity
A+
CharityWatch Rating
Our independent rating based
on a number of factors.
 
90%
Program Percentage
Amount spent on programs
relative to overhead.
 
$8
Cost to Raise $100
Amount spent to raise
$100 of contributions.

Contact Information

Waterkeeper Alliance
180 Maiden Lane
Suite 603
New York, NY 10038

Other Names

None

Tax Status

501(c)3

Stated Mission

Strengthens and grows a global network of grassroots leaders protecting everyone's right to clean water.

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Data based on Fiscal Year Ended 06/30/2022

Program Percentage: 90%

The percentage of Waterkeeper Alliance's cash budget it spends on programs relative to overhead (fundraising, management, and general expenses).

$17,000,000

Calculated Total Expenses

(rounded)

 

Cost to Raise $100: $8

How many dollars Waterkeeper Alliance spends on fundraising to raise each $100 of contributions.

$15,000,000

Calculated Total Contributions

(rounded)

Joint Costs

Waterkeeper Alliance's rating was adjusted for Joint Costs. If you are a donor who considers direct mail, telemarketing, and other Joint Cost solicitations to be true charitable programs, the below efficiency ratios, which were not adjusted for joint costs, may better reflect your goals.

Program % Cost to Raise $100
92% $6
Accounting rules allow charities to report some telemarketing, direct mail, and other solicitation costs as Program expenses. CharityWatch believes that most donors do not consider a charity's solicitation activities to be the Programs they are intending to support with their donations. We therefore adjust such expenses out of a charity's reported Program expense and add it to Fundraising expense prior to calculating its rating.

Government Funding

0% to 24%

Percentage of cash revenue
coming from government sources

 

Financial Documents

Entity Document Type Tax ID
Waterkeeper Alliance Audited Financial Statements 13-4071318
Waterkeeper Alliance IRS Form 990 13-4071318
Entity: Waterkeeper Alliance
Document Type: Audited Financial Statements
Tax ID: 13-4071318
Entity: Waterkeeper Alliance
Document Type: IRS Form 990
Tax ID: 13-4071318

Governance & Transparency

CharityWatch evaluates certain criteria related to a charity's Governance and Transparency. Donors may want to consider a charity's willingness to be open and transparent with CharityWatch to be a good litmus test for determining its commitment to public accountability.
This charity is Top-Rated
What does it mean to be Top-Rated?
 
Waterkeeper Alliance
meets governance benchmarks.
 
Waterkeeper Alliance
meets transparency benchmarks.
Transparency
Provides Financial Information
Audit Accessibility
Governance: Policies
Reports regularly & consistently monitoring & enforcing compliance with a written Conflict of Interest Policy
Reports required, annual disclosure by officers, directors, and key staff of interests that could give rise to conflicts
Reports having a written Whistleblower Policy
Reports having a written Document Retention and Destruction Policy
Governance: Financials
Reports providing copy of tax form to all board members prior to filing it with IRS
Reports that financial statements were audited by an independent accountant
Governance: Board of Directors
Reports at least 5 voting board members
51% or more of voting board members reported as independent
Reports documenting minutes of board and board committee meetings
Privacy Policy
Privacy Policy Opt-Out Policy  

  Name Title Compensation
1 Marc Yaggi CEO $325,699
2 Mary Beth Postman Deputy Director $258,174
3 Daniel Estrin General Counsel/Advocacy Director $249,910
1
Name: Marc Yaggi
Title: CEO
Compensation: $325,699
2
Name: Mary Beth Postman
Title: Deputy Director
Compensation: $258,174
3
Name: Daniel Estrin
Title: General Counsel/Advocacy Director
Compensation: $249,910

CharityWatch Analysts perform an in-depth analysis of charities' audited financial statements and IRS tax filings, and often review other documents such as state filings, annual reports, and fundraising contracts during their evaluations. Below are select notes that CharityWatch believes may be of interest to donors.

According to the Waterkeeper Alliance audit of June 30, 2022 (Note 10, Economic Injury Disaster Loan):

"During July 2020, the Alliance applied for a 30-year Economic Injury Disaster Loan with the U.S. Small Business Administration to provide disaster relief from the COVID-19 pandemic. The loan was approved for $150,000 and the Alliance received that amount, less a $100 third-party filing fee on July 6, 2020. This loan was repaid without penalty in February 2021."

According to the Waterkeeper Alliance audit of June 30, 2022 (Note 9, Deferred Grant):

"On April 29, 2020, the Alliance received $498,174 under the Paycheck Protection Program ("PPP") which is a business program established under the Coronavirus Aid, Relief, and Economic Security Act. During April 2021, the PPP Loan forgiveness application was confirmed by the SBA and as a result, the Alliance recorded $498,174 as contributions and grants in the 2021 fiscal year statement of activities. 

During March 2021, the Alliance received a second draw under the PPP, totaling $521,012 at terms substantially similar to the first draw received in 2020. During August 2021, the PPP forgiveness application was confirmed by the SBA and as a result, the Alliance recorded $521,012 as contributions and grants in the 2022 fiscal year statement of activities."